Great result so far guys, what did I say about the price and leaky oil.
So they have had 2 significant gas shows, as we know Shale is tight and not good for production and you normally wont see gas in that zone , as they state they are expecting the sandstone to be 10 times that or more IMO.
So once they get deeper in the well we should know a bit more.
Lets hope this could be a turning point for KEY. Such a low market cap, If Kane can pull this of he deserves a medal in these market conditions.
The Perth Basin could be huge.
Another CVN in the making.... ok well show me 2c fist and then we can push a little higher.
GLA
KEY Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held